The project “Managing Risks over Working Life”, prepared by a team of researchers of the University of Turin and CeRP, has been awarded a grant from the Centro Interuniversitario Netspar Italy.
The project, coordinated by Carolina Fugazza, focuses on three major issues closely related to managing risks over working life:
1. Extending the life cycle model of consumption and portfolio choice to properly account for unemployment risk.
2. Improving the traditional life cycle model of consumption and portfolio choice to account for alternative motivations to accumulate financial wealth.
3. Implementing equally-weighted risk contribution portfolios as a tool to provide robust efficient diversification of financial risks.
Details on the awarding procedure can be found at